Author: Pim van Vliet
Publisher: John Wiley & Sons
ISBN: 1119351057
Category : Business & Economics
Languages : en
Pages : 180
Book Description
Believing "high-risk equals high-reward" is holding your portfolio hostage High Returns from Low Risk proves that low-volatility, low-risk portfolios beat high-volatility portfolios hands down, and shows you how to take advantage of this paradox to dramatically improve your returns. Investors traditionally view low-risk stocks as safe but unprofitable, but this old canard is based on a flawed premise; it fails to see beyond the monthly horizon, and ignores compounding returns. This book updates the thinking and brings reality to modelling to show how low-risk stocks actually outperform high-risk stocks by an order of magnitude. Easy to read and easy to implement, the plan presented here will help you construct a portfolio that delivers higher returns per unit of risk, and explains how to achieve excellent investment results over the long term. Do you still believe that investors are rewarded for bearing risk, and that the higher the risk, the greater the reward? That old axiom is holding you back, and it is time to start seeing the whole picture. This book shows you, through deep historical simulation, how to reap the rewards of smarter investing. Learn how and why low-risk, low-volatility stocks beat the market Discover the formula that outperforms Greenblatt's Construct your own low-risk portfolio Select the right ETF or low-risk fund to manage your money Great returns and lower risk sound like a winning combination — what happens once everyone is doing it? The beauty of the low-risk strategy is that it continues to work even after the paradox is widely known; long-term investment success is possible for anyone who can shake off the entrenched wisdom and go low-risk. High Returns from Low Risk provides the proof, model and strategy to reign in your exposure while raking in the profit.
High Returns from Low Risk
Author: Pim van Vliet
Publisher: John Wiley & Sons
ISBN: 1119351057
Category : Business & Economics
Languages : en
Pages : 180
Book Description
Believing "high-risk equals high-reward" is holding your portfolio hostage High Returns from Low Risk proves that low-volatility, low-risk portfolios beat high-volatility portfolios hands down, and shows you how to take advantage of this paradox to dramatically improve your returns. Investors traditionally view low-risk stocks as safe but unprofitable, but this old canard is based on a flawed premise; it fails to see beyond the monthly horizon, and ignores compounding returns. This book updates the thinking and brings reality to modelling to show how low-risk stocks actually outperform high-risk stocks by an order of magnitude. Easy to read and easy to implement, the plan presented here will help you construct a portfolio that delivers higher returns per unit of risk, and explains how to achieve excellent investment results over the long term. Do you still believe that investors are rewarded for bearing risk, and that the higher the risk, the greater the reward? That old axiom is holding you back, and it is time to start seeing the whole picture. This book shows you, through deep historical simulation, how to reap the rewards of smarter investing. Learn how and why low-risk, low-volatility stocks beat the market Discover the formula that outperforms Greenblatt's Construct your own low-risk portfolio Select the right ETF or low-risk fund to manage your money Great returns and lower risk sound like a winning combination — what happens once everyone is doing it? The beauty of the low-risk strategy is that it continues to work even after the paradox is widely known; long-term investment success is possible for anyone who can shake off the entrenched wisdom and go low-risk. High Returns from Low Risk provides the proof, model and strategy to reign in your exposure while raking in the profit.
Publisher: John Wiley & Sons
ISBN: 1119351057
Category : Business & Economics
Languages : en
Pages : 180
Book Description
Believing "high-risk equals high-reward" is holding your portfolio hostage High Returns from Low Risk proves that low-volatility, low-risk portfolios beat high-volatility portfolios hands down, and shows you how to take advantage of this paradox to dramatically improve your returns. Investors traditionally view low-risk stocks as safe but unprofitable, but this old canard is based on a flawed premise; it fails to see beyond the monthly horizon, and ignores compounding returns. This book updates the thinking and brings reality to modelling to show how low-risk stocks actually outperform high-risk stocks by an order of magnitude. Easy to read and easy to implement, the plan presented here will help you construct a portfolio that delivers higher returns per unit of risk, and explains how to achieve excellent investment results over the long term. Do you still believe that investors are rewarded for bearing risk, and that the higher the risk, the greater the reward? That old axiom is holding you back, and it is time to start seeing the whole picture. This book shows you, through deep historical simulation, how to reap the rewards of smarter investing. Learn how and why low-risk, low-volatility stocks beat the market Discover the formula that outperforms Greenblatt's Construct your own low-risk portfolio Select the right ETF or low-risk fund to manage your money Great returns and lower risk sound like a winning combination — what happens once everyone is doing it? The beauty of the low-risk strategy is that it continues to work even after the paradox is widely known; long-term investment success is possible for anyone who can shake off the entrenched wisdom and go low-risk. High Returns from Low Risk provides the proof, model and strategy to reign in your exposure while raking in the profit.
High Returns from Low Risk
Author: Pim van Vliet
Publisher: John Wiley & Sons
ISBN: 111935109X
Category : Business & Economics
Languages : en
Pages : 108
Book Description
HIGH RETURNS from LOW RISK If you lie awake at night worrying about your retirement, paying for your children’s schooling or your general financial security, High Returns from Low Risk is your solution to a sound sleep. This unique wealth management guide is written by a fund manager who oversees billions of dollars in portfolio assets, and who wants to share his approach with individual investors, advisors, bankers and everyone interested in the stock market. Despite all the appeal exciting stocks have, his evidence-based strategy repeatedly proves low-risk stocks historically beat high-risk ones going back well over eighty years. By how much? Over eighteen times the returns! Growing wealth doesn’t have to be stressful, and it shouldn’t be risky when you get High Returns from Low Risk. ‘The low-risk effect, that is the idea that historically, unlike many well-known theories, average return across stocks doesn’t appear to go up with most standard measures of risk, is one of the most important “anomalies” in modern finance. Pim van Vliet is one of the pioneers in studying this effect and using it to improve investor portfolios. Anyone interested in systematic equity investing should carefully read this important book.’ — Clifford S. Asness, Founder, Managing Principal and Chief Investment Officer at AQR Capital Management, USA ‘Pim van Vliet’s experience as one of the pioneers of low-volatility investing gives him unique insight into one of the most fascinating economic anomalies of our time. The idea that risk, properly defined, generates a positive return, is one of those ideas that becomes even more profound when we learn it is not true. There is no cosmic risk karma that pays people for taking risk, and this book will help people understand what types of investment risks generate premiums, and which will actually cost you money.’ —Eric Falkenstein, Author of The Missing Risk Premium: Why Low Volatility Investing Works, USA
Publisher: John Wiley & Sons
ISBN: 111935109X
Category : Business & Economics
Languages : en
Pages : 108
Book Description
HIGH RETURNS from LOW RISK If you lie awake at night worrying about your retirement, paying for your children’s schooling or your general financial security, High Returns from Low Risk is your solution to a sound sleep. This unique wealth management guide is written by a fund manager who oversees billions of dollars in portfolio assets, and who wants to share his approach with individual investors, advisors, bankers and everyone interested in the stock market. Despite all the appeal exciting stocks have, his evidence-based strategy repeatedly proves low-risk stocks historically beat high-risk ones going back well over eighty years. By how much? Over eighteen times the returns! Growing wealth doesn’t have to be stressful, and it shouldn’t be risky when you get High Returns from Low Risk. ‘The low-risk effect, that is the idea that historically, unlike many well-known theories, average return across stocks doesn’t appear to go up with most standard measures of risk, is one of the most important “anomalies” in modern finance. Pim van Vliet is one of the pioneers in studying this effect and using it to improve investor portfolios. Anyone interested in systematic equity investing should carefully read this important book.’ — Clifford S. Asness, Founder, Managing Principal and Chief Investment Officer at AQR Capital Management, USA ‘Pim van Vliet’s experience as one of the pioneers of low-volatility investing gives him unique insight into one of the most fascinating economic anomalies of our time. The idea that risk, properly defined, generates a positive return, is one of those ideas that becomes even more profound when we learn it is not true. There is no cosmic risk karma that pays people for taking risk, and this book will help people understand what types of investment risks generate premiums, and which will actually cost you money.’ —Eric Falkenstein, Author of The Missing Risk Premium: Why Low Volatility Investing Works, USA
Fixed Coupon Note: High Returns And Low Risk
Author: Rajiv Aggarwal
Publisher: World Scientific
ISBN: 9811225052
Category : Business & Economics
Languages : en
Pages : 172
Book Description
Equities are generally perceived to be more volatile than fixed income investments. Many risk averse investors are unable to digest the daily ups and downs in the prices of equities. They also feel that, from a historical perspective, equities are overpriced and thus are not comfortable taking equity positions at current valuations.On the other hand, global interest rates have been on a decline from the 1970s when inflation was finally under control by central banks. This decline in interest rates means that investors have to live with lower nominal returns. Since the Global Financial Crisis of 2008, many investors have been feeling left out of the equity markets.Fixed Coupon Notes (FCNs) are quasi-equity and quasi-bond structures which aim to provide higher returns than bonds with lower risks compared to equities. Moreover, they also provide an avenue to enter equities at reasonable prices and acceptable valuations. Being the most popular structured product in Asia, there is sufficient institutional experience about the product. This book aims to provide the basics as well as the nuances of investing in FCNs so that an investor not only understands the concepts behind the product, but is also able to avoid common pitfalls.
Publisher: World Scientific
ISBN: 9811225052
Category : Business & Economics
Languages : en
Pages : 172
Book Description
Equities are generally perceived to be more volatile than fixed income investments. Many risk averse investors are unable to digest the daily ups and downs in the prices of equities. They also feel that, from a historical perspective, equities are overpriced and thus are not comfortable taking equity positions at current valuations.On the other hand, global interest rates have been on a decline from the 1970s when inflation was finally under control by central banks. This decline in interest rates means that investors have to live with lower nominal returns. Since the Global Financial Crisis of 2008, many investors have been feeling left out of the equity markets.Fixed Coupon Notes (FCNs) are quasi-equity and quasi-bond structures which aim to provide higher returns than bonds with lower risks compared to equities. Moreover, they also provide an avenue to enter equities at reasonable prices and acceptable valuations. Being the most popular structured product in Asia, there is sufficient institutional experience about the product. This book aims to provide the basics as well as the nuances of investing in FCNs so that an investor not only understands the concepts behind the product, but is also able to avoid common pitfalls.
Low Rates High Returns
Author: Stephen Moriarty
Publisher:
ISBN: 9781925927269
Category : Business & Economics
Languages : en
Pages : 208
Book Description
Low Rates High Returns grew from the idea that investing is simple, but not easy. The aim of the book is to make the difficult part as easy as possible! When starting to take an interest in investing it's hard to know where to start and who to trust. This book, written by two investing experts, is an easy to follow guide.
Publisher:
ISBN: 9781925927269
Category : Business & Economics
Languages : en
Pages : 208
Book Description
Low Rates High Returns grew from the idea that investing is simple, but not easy. The aim of the book is to make the difficult part as easy as possible! When starting to take an interest in investing it's hard to know where to start and who to trust. This book, written by two investing experts, is an easy to follow guide.
The Dhandho Investor
Author: Mohnish Pabrai
Publisher: John Wiley & Sons
ISBN: 1118044681
Category : Business & Economics
Languages : en
Pages : 215
Book Description
A comprehensive value investing framework for the individual investor In a straightforward and accessible manner, The Dhandho Investor lays out the powerful framework of value investing. Written with the intelligent individual investor in mind, this comprehensive guide distills the Dhandho capital allocation framework of the business savvy Patels from India and presents how they can be applied successfully to the stock market. The Dhandho method expands on the groundbreaking principles of value investing expounded by Benjamin Graham, Warren Buffett, and Charlie Munger. Readers will be introduced to important value investing concepts such as "Heads, I win! Tails, I don't lose that much!," "Few Bets, Big Bets, Infrequent Bets," Abhimanyu's dilemma, and a detailed treatise on using the Kelly Formula to invest in undervalued stocks. Using a light, entertaining style, Pabrai lays out the Dhandho framework in an easy-to-use format. Any investor who adopts the framework is bound to improve on results and soundly beat the markets and most professionals.
Publisher: John Wiley & Sons
ISBN: 1118044681
Category : Business & Economics
Languages : en
Pages : 215
Book Description
A comprehensive value investing framework for the individual investor In a straightforward and accessible manner, The Dhandho Investor lays out the powerful framework of value investing. Written with the intelligent individual investor in mind, this comprehensive guide distills the Dhandho capital allocation framework of the business savvy Patels from India and presents how they can be applied successfully to the stock market. The Dhandho method expands on the groundbreaking principles of value investing expounded by Benjamin Graham, Warren Buffett, and Charlie Munger. Readers will be introduced to important value investing concepts such as "Heads, I win! Tails, I don't lose that much!," "Few Bets, Big Bets, Infrequent Bets," Abhimanyu's dilemma, and a detailed treatise on using the Kelly Formula to invest in undervalued stocks. Using a light, entertaining style, Pabrai lays out the Dhandho framework in an easy-to-use format. Any investor who adopts the framework is bound to improve on results and soundly beat the markets and most professionals.
Software by Numbers
Author: Mark Denne
Publisher: Prentice Hall Professional
ISBN: 9780131407282
Category : Computers
Languages : en
Pages : 212
Book Description
- Opens the black box of methodologies and demonstrates that software development is fundamentally a value creation process - Covers new and radical approaches to software development that respond to business demands for shorter investment periods and increased agility - Provides software engineers tools for understanding enterprise-level value creation and managing financial objectives
Publisher: Prentice Hall Professional
ISBN: 9780131407282
Category : Computers
Languages : en
Pages : 212
Book Description
- Opens the black box of methodologies and demonstrates that software development is fundamentally a value creation process - Covers new and radical approaches to software development that respond to business demands for shorter investment periods and increased agility - Provides software engineers tools for understanding enterprise-level value creation and managing financial objectives
Higher Returns from Safe Investments
Author: Marvin Appel
Publisher: FT Press
ISBN: 013708336X
Category : Business & Economics
Languages : en
Pages : 238
Book Description
Today, many risk-averse investors simply can’t meet their income needs with conventional bank CDs, money market funds, or bonds. This book reveals how you can earn more, without exposing yourself to excessive risk or the costs of a highly active trading strategy. Dr. Marvin Appel shows how to take advantage of high-yield bond funds and income-producing equity strategies...when to purchase individual bonds, when to use bond mutual funds, and which bond funds are best...how to finally make diversification work again. Step by step, you’ll build a master portfolio for the coming years: one that can deliver attractive long-term returns more safely than you ever thought possible! Safer strategies for boosting fixed income returns Smarter ways to mix bond ladders, investment-grade taxable bonds, municipal bonds, and high-yield bond mutual funds Stock strategies that create new income streams at lower risk Simple ways to use high-dividend stocks and covered call writing Building the right income portfolio for your situation Practical choices that reflect your temperament, goals, and needs You can’t survive on what CDs and money markets are paying these days--but you can’t live with high risk, either. Fortunately, with this book’s powerful, proven strategies, you can earn more income without losing sleep! Dr. Marvin Appel reveals smarter, safer ways to use bonds and bond funds...derive more cash from stocks at surprisingly low risk...safely supplement your returns with preferred shares and options...plan for income you can actually live on!
Publisher: FT Press
ISBN: 013708336X
Category : Business & Economics
Languages : en
Pages : 238
Book Description
Today, many risk-averse investors simply can’t meet their income needs with conventional bank CDs, money market funds, or bonds. This book reveals how you can earn more, without exposing yourself to excessive risk or the costs of a highly active trading strategy. Dr. Marvin Appel shows how to take advantage of high-yield bond funds and income-producing equity strategies...when to purchase individual bonds, when to use bond mutual funds, and which bond funds are best...how to finally make diversification work again. Step by step, you’ll build a master portfolio for the coming years: one that can deliver attractive long-term returns more safely than you ever thought possible! Safer strategies for boosting fixed income returns Smarter ways to mix bond ladders, investment-grade taxable bonds, municipal bonds, and high-yield bond mutual funds Stock strategies that create new income streams at lower risk Simple ways to use high-dividend stocks and covered call writing Building the right income portfolio for your situation Practical choices that reflect your temperament, goals, and needs You can’t survive on what CDs and money markets are paying these days--but you can’t live with high risk, either. Fortunately, with this book’s powerful, proven strategies, you can earn more income without losing sleep! Dr. Marvin Appel reveals smarter, safer ways to use bonds and bond funds...derive more cash from stocks at surprisingly low risk...safely supplement your returns with preferred shares and options...plan for income you can actually live on!
The Defensive Value Investor
Author: John Kingham
Publisher: Harriman House Limited
ISBN: 0857195336
Category : Business & Economics
Languages : en
Pages : 170
Book Description
The Defensive Value Investor is a complete step-by-step guide to building a high-yield, low-risk share portfolio. Defensive investing focuses on strong, steady companies that produce decent rates of income and capital growth, but with risk often coming from a lofty share price. Value investing on the other hand is focused on buying companies on the cheap, but cheap companies often deserve to be cheap because they are high risk and unlikely to grow. Defensive Value combines the two and involves buying relatively defensive companies at value for money prices. John Kingham explains how to screen for shares with the best combination of quality, value, income and growth, how to conduct a thorough qualitative analysis, when to buy, when to sell, and how to combine your investments into an easy to manage portfolio which reduces risk and increases returns. He also illustrates the method throughout with the help of real-life examples. Each step of the process has a simple "rule of thumb" to make it easy to remember what you should do. When these rules of thumb are put together they provide a checklist of straightforward, actionable statements for the Defensive Value Investor to follow. You may choose to adopt the full Defensive Value approach, or you may prefer to adopt a number of the techniques for use in your own share analysis. Either way, this comprehensive book is an essential addition to the library of every investor.
Publisher: Harriman House Limited
ISBN: 0857195336
Category : Business & Economics
Languages : en
Pages : 170
Book Description
The Defensive Value Investor is a complete step-by-step guide to building a high-yield, low-risk share portfolio. Defensive investing focuses on strong, steady companies that produce decent rates of income and capital growth, but with risk often coming from a lofty share price. Value investing on the other hand is focused on buying companies on the cheap, but cheap companies often deserve to be cheap because they are high risk and unlikely to grow. Defensive Value combines the two and involves buying relatively defensive companies at value for money prices. John Kingham explains how to screen for shares with the best combination of quality, value, income and growth, how to conduct a thorough qualitative analysis, when to buy, when to sell, and how to combine your investments into an easy to manage portfolio which reduces risk and increases returns. He also illustrates the method throughout with the help of real-life examples. Each step of the process has a simple "rule of thumb" to make it easy to remember what you should do. When these rules of thumb are put together they provide a checklist of straightforward, actionable statements for the Defensive Value Investor to follow. You may choose to adopt the full Defensive Value approach, or you may prefer to adopt a number of the techniques for use in your own share analysis. Either way, this comprehensive book is an essential addition to the library of every investor.
Invest Like a Guru
Author: Charlie Tian
Publisher: John Wiley & Sons
ISBN: 1119362369
Category : Business & Economics
Languages : en
Pages : 231
Book Description
Adopt the investment strategy that built Warren Buffett's fortune Invest Like a Guru provides an invaluable resource for high-quality-focused value investing, with expert insight and practical tools for implementation. Written by the man behind GuruFocus.com, this book expands on the site's value strategies and research tools to provide a primer for those exploring pathways to higher returns at lower risk. The book begins with an insightful explanation of high-quality-focused value investing concepts, then quickly moves into practical, detailed guidance on analysis, valuation, key factors, and risks to avoid. Case studies demonstrate real-world application of various analysis methods, and the discussion walks you through important calculations using real examples. Author Charlie Tian draws upon his own experiences and lessons learned to provide true insight on high-quality-focused value investing as a strategy, providing both reference and expert advice in this singularly useful guide. Warren Buffett once said, "I would rather buy good companies at fair prices than buy fair companies at good prices." That's how he built his fortune, and his method is what we now call high-quality-focused value investing. This book shows you how to determine what constitutes "good companies" and "fair prices," with practical tools for real-world application. Learn the principles and concepts of high-quality-focused value investing Understand the analysis process and valuation of prospective investments Avoid the value traps that can trigger permanent losses Study clear examples of key ratios and calculations We can't all become the next Warren Buffett, but we can boost returns while reducing risk using the right investment strategy. High-quality-focused value investing provides a path to profit, and Invest Like a Guru is the one-of-a-kind guidebook for getting on track.
Publisher: John Wiley & Sons
ISBN: 1119362369
Category : Business & Economics
Languages : en
Pages : 231
Book Description
Adopt the investment strategy that built Warren Buffett's fortune Invest Like a Guru provides an invaluable resource for high-quality-focused value investing, with expert insight and practical tools for implementation. Written by the man behind GuruFocus.com, this book expands on the site's value strategies and research tools to provide a primer for those exploring pathways to higher returns at lower risk. The book begins with an insightful explanation of high-quality-focused value investing concepts, then quickly moves into practical, detailed guidance on analysis, valuation, key factors, and risks to avoid. Case studies demonstrate real-world application of various analysis methods, and the discussion walks you through important calculations using real examples. Author Charlie Tian draws upon his own experiences and lessons learned to provide true insight on high-quality-focused value investing as a strategy, providing both reference and expert advice in this singularly useful guide. Warren Buffett once said, "I would rather buy good companies at fair prices than buy fair companies at good prices." That's how he built his fortune, and his method is what we now call high-quality-focused value investing. This book shows you how to determine what constitutes "good companies" and "fair prices," with practical tools for real-world application. Learn the principles and concepts of high-quality-focused value investing Understand the analysis process and valuation of prospective investments Avoid the value traps that can trigger permanent losses Study clear examples of key ratios and calculations We can't all become the next Warren Buffett, but we can boost returns while reducing risk using the right investment strategy. High-quality-focused value investing provides a path to profit, and Invest Like a Guru is the one-of-a-kind guidebook for getting on track.
Invest Like the Best: The Low-Risk Road to High Returns
Author: Chris Belchamber
Publisher: Lioncrest Publishing
ISBN: 9781544518756
Category : Business & Economics
Languages : en
Pages : 202
Book Description
Invest Like the Best. The Low-Risk Road to High Returns. The best practices of the most successful investors-with winning track records that span decades-can be clearly defined, easily understood, and simply measured in real time. But, very few people take the time to understand and follow them. After nearly forty years as an analyst, trader, and investor, Chris Belchamber reveals the most common pitfalls, barriers, habits, and beliefs that can send investors in the wrong direction, with sometimes devastating consequences. Learn how to recognize and avoid these issues in your own investing as you discover more than twenty best investor Insights" and find the real relationship between risk and return. Transform your own results and experience as you learn from the greatest minds of investing history. "The investor's chief problem, and his worst enemy, is likely to be himself. In the end, how your investments behave is much less important than how you behave." -Benjamin Graham
Publisher: Lioncrest Publishing
ISBN: 9781544518756
Category : Business & Economics
Languages : en
Pages : 202
Book Description
Invest Like the Best. The Low-Risk Road to High Returns. The best practices of the most successful investors-with winning track records that span decades-can be clearly defined, easily understood, and simply measured in real time. But, very few people take the time to understand and follow them. After nearly forty years as an analyst, trader, and investor, Chris Belchamber reveals the most common pitfalls, barriers, habits, and beliefs that can send investors in the wrong direction, with sometimes devastating consequences. Learn how to recognize and avoid these issues in your own investing as you discover more than twenty best investor Insights" and find the real relationship between risk and return. Transform your own results and experience as you learn from the greatest minds of investing history. "The investor's chief problem, and his worst enemy, is likely to be himself. In the end, how your investments behave is much less important than how you behave." -Benjamin Graham